FDI in India doubles in 10th Plan over 9th Plan period

Written by:
Subscribe to Oneindia News

New Delhi, Mar 11 (UNI) Foreign direct investment (FDI) in India nearly doubled to 30.80 billion dollars in the 10th Plan period of 2002-07 from 16.33 billion dollars during 9th Plan period of 1997-2002.

In a written reply in the Lok Sabha today, Minister of State for Industry Ashwani Kumar said the average FDI inflows per year during the comparable Plan periods also doubled to 6.16 billion dollars from 3.2 billion dollars.

Services, computer software&hardware, telecommunications, construction and automobile were the top five sectors which attracted FDI between April 2000-December 2007, he added.

The Minister said most infrastructure sectors permits FDI up to 100 per cent through automatic route.


Please Wait while comments are loading...